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Dow gains 207 in best day since election

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NEW YORK (AP) — U.S. stocks had their best day since the election. Market-watchers are citing optimism about a deal to avoid the so-called fiscal cliff of tax increases and government spending cuts. The Dow Jones industrial average surged 207 points to close at 12,795. The Standard & Poor's 500 index gained 27 to 1,386. And the Nasdaq composite index rose 62 points to 2,916. Lowe's and...